UEN Urals EN.

    RNS Number : 3019K
  Urals Energy Public Company Limited
  17 December 2008
   


    Urals Energy Public Company Limited

    Holding(s) in Company


 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES


 1. Identity of the issuer or the          Urals Energy Public Company Limited
 underlying issuer of existing shares to
 which voting rights are attached:

 2. Reason for the Notification -(please tick the appropriate box or boxes)

 An acquisition or disposal of voting rights                          Yes

 An acquisition or disposal of financial instruments which may
 result in the acquisition of shares already issued to which
 voting rights are attached

 An event changing the breakdown of voting rights

 Other (please specify): 

 3. Full name of person(s) subject to           URALSIB Securities Limited
 the notification obligation:

 4. Full name of shareholder(s) (if
 different from 3.):

 5. Date of the transaction (and date on
 which the threshold is crossed or                      16/12/2008
 reached if different):

 6. Date on which issuer notified:
                                                        17/12/2008

 7. Threshold(s) that is/are crossed or
 reached                                                    2%

 8. Notified details:




 A: Voting rights attached to shares
 Class/type of shares            Situation previous to the Triggering        Resulting situation after the triggering transaction 
                                 transaction 

 If possible using the ISIN
 CODE
                                 Number of Shares      Number of Voting      Number of shares  Number of voting       % of voting
                                                       Rights                                  rights                 rights
                                                                                               Direct     Indirect    Direct  Indirect

 Common stock of USD.0063
 ISIN CY0000111027
                                 7,615,000             7,615,000             2,710,000         2,710,000  0           1.52%   0%


 B: Financial Instruments

 Resulting situation after the triggering transaction
 Type of financial instrument  Expiration date   Exercise /            Number of voting      % of voting rights
                                                 Conversion Period /   rights that may be
                                                 Date                  acquired if the
                                                                       instrument is
                                                                       exercised /
                                                                       converted.



 Total (A+B)

 Number of voting rights  % of voting rights


        2,710,000               1.52%



 9. Chain of controlled undertakings through which the voting rights and/or
 the financial instruments are effectively held, if applicable:

 Not applicable

 Proxy Voting 

 10. Name of the proxy holder:                           Hannover Nominees Ltd

 11. Number of voting rights proxy holder will cease to  N/A
 hold:

 12. Date on which proxy holder will cease to hold       N/A
 voting rights:


 13. Additional information:  The shares are registered under Hannover
                              Nominees Limited as nominee holder for URALSIB
                              Securities Limited

    
17 December 2008
    Enquiries:
 Pelham PR        
 Evgeniy Chuikov    +44(0)20 3008 5506 / +44(0)7894 608 606
 Mark Antelme       +44(0)20 3178 6242 / +44(0)752 5951 011


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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